Amazon slashes another 16,000 jobs

Strong Bearish -100.0
Amazon just cut 16,000 employees, adding to 14,000 positions eliminated in October. We explore the driving forces behind these layoffs, and the broader trend in tech that it's a part of.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.